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Upgrading car on PCP early.

  • 14-10-2018 12:58pm
    #1
    Registered Users, Registered Users 2 Posts: 196 ✭✭


    Is it generally possible to upgrade a car on PCP early, before the three years is up.

    I mean if I have a small car on PCP and it’s not working out for reasons of size/space, can I go back to the same main dealer where I got it and upgrade to a bigger car of the same make?

    TIA.


Comments

  • Registered Users, Registered Users 2 Posts: 51,364 ✭✭✭✭bazz26


    Yes you can and plenty of people do around 2 years into their deal. You also don't have to stay with the same brand/dealer. You just tell the dealer your interested in buying from and they will get a settlement figure of what you still owe on the existing deal, give you a trade-in value for your car and then give you a new PCP figure for the new car. If you have equity in your current car then you could use that as a deposit for the PCP deal on the new car. Again your under no obligation to stay with the same dealer or brand.


  • Registered Users, Registered Users 2 Posts: 3,027 ✭✭✭Lantus


    Is it generally possible to upgrade a car on PCP early, before the three years is up.


    Yes it is and it's very common to do this.


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